A former JPMorgan commodity derivatives trader is suing popular cyrptocurrency exchange BitMex, seeking $300 million in equity and damages, Bloomberg reported. According to the suit, the banker, Frank Amato and RGB Coin Ltd., claimed to be the first investors in BitMex, with $30,000 that was later supposed to be converted into equity, which wasn’t honored. That equity should be worth around $50...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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